Msg. 58228 of 62138 (This msg. is a reply to
58161 by
capt_nemo)
Jump:
>>>
They Have Never Been More Bullish On Stocks
>>>
In my case. . .
If high inflation comes - and I suspect it will with all this 'free money'
flying around. . . Cash will lose value way too fast.
Interest rates being what they are . . bonds or bond funds are
only slightly better.
Gold? I can't eat it, and it has to be converted to cash before I can
use it to buy groceries, pay bills, etc. etc. etc.
Which leaves stocks.
Coronavirus notwithstnding . . . People gotta eat.
Means my Campbells soup, McCormick spices, and General Mills cereal
ought to do OK.
People still want to wipe their butts, diaper their babies, etc. etc. etc.
So, Kimberly Clark and Proctor & Gamble should do OK.
We still need good drugs - although Pfizer once cut the dividend on me . . .
I think long term Pfizer might do me allright. (I hope.)
And, of course, we still want to run our air conditioners, light our
houses, cool our foods in the fridge, wasb clothes . . . meaning my
power companies - Big D (Dominion Resources), OGE, and PPL should also
do OK. Mind you, in the more progressively liverally retarded states
they can (and have) bankrupted their power companies . . .
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